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Surviving a Recession of Real Estate (Part 6)

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Today, is the last day of the series of tips on “Surviving a Recession in Real Estate”.

The cost saving tip for today is considering Pre-paid legal.   Pre-paid legal is a monthly fixed amount that you pay.  The monthly amount varies based on the amount of legal service you think you may require; however, the coverage is as low as $19.95 a month.

Instead of having the attorney draw up a lease each time you have a new tenant have the attorney draw up one lease that you can duplicate.  You could also have the attorney review several contracts at once for a reduced amount per contract.

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About admin

Serena Brown is broker and owner of Taylor-Brown Real Estate. She is the author of this blog. She has also co-authored a book entitled Should I Short Sale My Home. She has authored a e-book How to Sell My Home. She will be authoring a book on real estate investing by April of 2010 and several reports. She has dual degrees in Business Administration and Electronic Engineering Technology. She prides herself on being up to date on all trends, news, and education related to real estate to include short sale, loan modification, etc. She also makes sure her clients are abreast of how these changes will affect them financial. Therefore, stay tuned for great information in 2010.
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